"Imagine if oil prices start going back down because the situation resolves itself somehow, then you could be looking at inflation close to zero. So that's something that the Fed needs to pay attention to, because remember, energy prices going down would feed through just as, you know, CPI, top-line CPI has said that energy price is going up right now."
"Look, the reality is Netanyahu's wars in Gaza, West Bank, Iran, Lebanon have not only been grossly immoral and destructive, but they are also impacting billions of people throughout the world."
"Here in the United States, you know, we're having 60 percent of our people living paycheck-to-paycheck. And now what they're having to deal with is gas in Vermont, I think it's over four bucks a gallon, parts of the country, it's higher than that."
Sen. Bernie Sanders criticized the positive spin on rising energy prices by Kevin Hassett, highlighting the significant increase in gas prices since the Iran conflict began. The national average gas price has risen to over $4 a gallon, affecting many Americans who are already struggling financially. Sanders pointed out that the ongoing wars in the Middle East are not only immoral but also have severe economic repercussions for people in the U.S., where a large portion of the population lives paycheck-to-paycheck.
Read at www.mediaite.com
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